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Philippine Bar review · Question

Practice question: Judicial Foreclosure

Multiple Choice Easy

Practice question

Where the debt is not all due and divisible property can be sold without prejudice, when must the Section 5 sale stop?
  1. Once enough has been sold to pay the amount and costs then due.
  2. Only after every possible asset is sold regardless of the amount due.
  3. Only after the mortgagee owns the entire neighborhood.
  4. Never before all future installments are accelerated without legal basis.
  5. Only after the sheriff privately decides to keep the surplus.

Legal references

  • Rules of Court, Rules 66-68, specifically the procedural provisions identified in each explanation: https://lawphil.net/courts/rules/rc_1-71_civil.html

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